Prime Minister Shehbaz Sharif invited on Friday Chinese company to invest in Pakistan.
According to details, a delegation of the Chinese company called on PM Shehbaz in Islamabad. Expressing his thoughts on the occasion, the premier said: "The government is taking steps on a priority basis to boost foreign investment in the country."
He acknowledged the role of China, saying, "China has always stood with Pakistan through thick and thin. I and the entire nation express gratitude to the Chinese leadership and masses."
The premier vowed to extend full support to the investors for the extraction of minerals, their processing, and their exports of minerals.
PM Shehbaz had directed the concerned federal ministers and officers to hold consultations with the Chinese company.
– PM Shehbaz announces privatisation of state institutions –
Few days back, PM Shehbaz announced the privatisation of government-owned enterprises apart from strategically important state-owned enterprises.
According to the details, the premier chaired a review meeting on matters in line with the Ministry of Privatisation and the Privatisation Commission in the federal capital city. On this occasion, a roadmap for the Privatisation Programme 2024–2029 was presented during the meeting.
PM Shehbaz had directed the broadcast of all phases of the privatisation of Pakistan International Airlines (PIA) live.
Meanwhile, PM Shehbaz said: "Transparency in the process of privatisation is the topmost priority. It is not the job of the government to do business but to provide a friendly environment for doing investment."
Underscoring the importance of the privatisation, the premier said: "The privatisation of the state institutions will also help save the money of the taxpayers."
It was told in the meeting that the pre-qualification for the privatisation of the PIA will be completed by the end of May.
Moreover, a discussion on the privatisation of the Roosevelt Hotel was also held.
The government was taking help from the experts to speed up the process of privatisation.
